Robinhood CEO: To Launch 24/7 Stock Token Trading and DeFi Services in Coming Months

Odaily News Robinhood CEO Vlad Tenev stated that in traditional stock markets, achieving real-time settlement has been challenging due to the need to manage numerous legacy stakeholders. Tokenization has emerged as a solution. In Europe, Robinhood has already launched over 2,000 tokens representing U.S.-listed stocks. These tokens enable European traders to invest in U.S. stocks and receive dividend income. In the coming months, Robinhood plans to launch 24/7 stock token trading and DeFi services, allowing investors to self-custody their stock tokens and engage in activities such as lending and staking.